In Part 1, we covered the basics of token bonding curves and understand how the shape of the curve affects the incentive mechanism.
In this episode, we look into the application of token bonding curve in decentralised exchanges, DEX. Specifically, the use case of Autonomous Market Maker.
We dive into 4 case studies: Bancor, Uniswap, Balancer, Curve
The concept of token bonding curve in this 4 DEXes are the same. But the application of how the token bonding curve algorithm is built is different. So we uncover the 4 various algorithms used in the 4 different token bonding curves.
Watch on YouTube for visual learners and Substack for those who prefer reading.
Want more in-depth content? Join our Token Economics 201 course at www.academy.economics.design!
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